Bitcoin Price Could Stage Steady Increase If It Clears This Hurdle
Bitcoin price is still facing strong resistance near $29,500. BTC is slowly moving higher and might start a steady increase above $29,500. Bitcoin is moving higher toward the $29,500 pivot level. The price is trading above $29,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance near $29,080 on the hourly chart of the BTC/USD pair (data feed from Kraken…
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